Hedera Hashgraph's tokens start trading with the company still holding 54% of the supply

After raising a whopping $124 million in three rounds from March to August 2018, Hedera Hashgraph launched its public network yesterday and started unlocking the first HBAR tokens of its 50 billion supply.

Hashgraph was developed by Dallas-based Swirlds and was initially only deployed in private, permissioned-based networks. In March 2018, Swirlds announced that Hedera Hashgraph is spinning off to create a public network, in which Swirlds will only play the role of technology licensor.